Groupon (GRPN) Beats Q1 Earnings and Revenue Estimates

Groupon (GRPN) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of a loss of$ 0.18 per share. This compares to loss of $0.65 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 133.33%. A quarter ago, it was expected that this online daily deal service would post a loss of$ 0.11 per share when it actually produced earnings of $0.30, delivering a surprise of 372.73%.Over the last four quarte ...